Skip to Main Content
Operational Risk Control with Basel II
book

Operational Risk Control with Basel II

by Dimitris N. Chorafas
November 2003
Intermediate to advanced content levelIntermediate to advanced
400 pages
12h 48m
English
Butterworth-Heinemann
Content preview from Operational Risk Control with Basel II
Cost control is indivisible from operational risk management 341
16.5 Why fat executive options work against shareholder value
In the aftermath of the various scandals surrounding overblown executive options,
legal experts suggested that this has become a case study in the mismanagement of
morality – an operational risk. According to some estimates, in 2002 alone corporate
scandals, options being one of them, have cost investors a cool $200 billion.
5
Among
the hardest hit investors were the pension funds.
In his book Take On The Street Arthur Levitt, Jr says that when he became
chairman of the Securities & Exchange Commission, in mid-1993, he found a ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Operational Risk: A Guide to Basel II Capital Requirements, Models, and Analysis

Operational Risk: A Guide to Basel II Capital Requirements, Models, and Analysis

ANNA S. CHERNOBAI, SVETLOZAR T. RACHEV, FRANK J. FABOZZI
Proactive Risk Management

Proactive Risk Management

Preston G. Smith, Guy M. Merritt

Publisher Resources

ISBN: 9780750659093